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Understand crypto and regulation with Consulting24

Over 500 licenses in Estonia & Lithuania

Crypto and Regulation: Exploring Alternatives in Lithuania, Estonia, and Dubai

The crypto and regulation landscape varies significantly across different jurisdictions like the EU, Lithuania, Estonia, and Dubai, necessitating a comprehensive understanding and evaluation of their regulatory frameworks. This knowledge is pivotal to recognize the unique opportunities and challenges each region offers, aligning them to your business goals.

Within the EU, Lithuania stands out with its streamlined licensing process, offering a unique gateway to the broader European market. It presents a set of distinct advantages that attract many crypto ventures. On the other hand, Estonia, known for its appealing 0% corporate tax rate, has emerged as a favorable destination for budding crypto enterprises.

Meanwhile, Dubai, recognized for its strategic location and pro-business environment, offers its unique benefits. The emirate issues crypto licenses through its free zone authority and imposes no taxes on crypto investments or trading, establishing itself as an attractive hub for global crypto initiatives.

In this fast-evolving crypto ecosystem, jurisdictions like Lithuania, Estonia, and Dubai present effective alternative solutions, each with their unique blend of regulatory advantages and entrepreneurial opportunities.

excelling within crypto and regulation.
crypto and regulations

Competitive Analyses: Lithuania, Estonia & Dubai

Total Price
License type and government fee
10,000€ 1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
1. 9,700€ - Advisory Services & VA Transfer and Settlement Services
1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services
No additional fee
Required share capital
250,000€ - Cryptocurrency exchange license 100,000€ - Crypto wallet and custodian services license.
24,250€ (Advisory Services) - 194,000€ (Exchange Services)
Share capital payment
25% to start (31,250€), 75% within a year.
Renewal fee
50% of Government fee
Supervision fee
20,000€ - 50,000€
Both monthly and yearly audits are necessary
VARA may mandate its need
Not required
Must have
Must have
AML (Anti-Money Laundry Officer)
Can be any nationality
AML monthly salary
Starting price point: €1,200
Starting price point: €5,000
Starting price point: €1,200
Local director
Open to all nationalities, but living in Estonia is required.
Any nationality
Any nationality

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Consulting24 Team

Mardo Soo, Consulting24's CEO, guiding our team to excellence in the realm of crypto and regulation.
Mardo Soo - CEO
  • LinkedIn

As the CEO of Consulting24, Mardo embodies the zenith of knowledge in the field of blockchain consulting. His role surpasses traditional boundaries of client acquisition, fostering the formation and growth of lasting business partnerships. His aptitude for untangling the intricate world of the blockchain environment amplifies his exceptional leadership abilities, distinguishing him in the sector.

Lena Elvbakken - Founder
  • LinkedIn

As the co-creator of Consulting24, Lena has etched her mark in the sphere of crypto and regulation. Her in-depth knowledge allows her to expertly navigate innovators through the convoluted paths of setting up exchanges and launching tokens, specifically in crypto-embracing jurisdictions such as Estonia, Lithuania, and Dubai. Her critical role in clarifying the intricate steps of launching a crypto exchange underscores Consulting24's central function in the worldwide progression of cryptocurrency.

Consulting24 founder, Lena Elvbakken, excellence in the realm of crypto and regulation.
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